Ithmaar names new dep. CEOs
Manama : Ithmaar Bank, a Bahrain-based Islamic retail Bank, announced yesterday the promotion of its two most senior executives to the position of Deputy Chief Executives.
The bank named Abdulhakeem Khalil Al Mutawa as Deputy Chief Executive Officer – Banking and Ravindra Anant Khot as Deputy Chief Executive Officer – Support Group.
“The promotions of both Abdulhakeem and Ravindra and their appointments to the key posts reflect the tremendous contributions they have already made to Ithmaar’s success as well as to the increasingly important roles they will play in future,” said Ithmaar Group Chief Executive Officer, Ahmed Abdul Rahim.
Prior to his appointment as Deputy Chief Executive Officer - Banking Group, Al Mutawa, who joined the group in 2003, was the Ithmaar Bank General Manager, Banking Group, since September 2013. He has more than 35 years of management and banking experience and has held other senior positions at Ithmaar Bank, including Assistant General Manager, Head of Private Banking. Al Mutawa holds an MBA from the University of Bahrain and a Bachelor degree in engineering from the University of Texas at Austin.
Prior to his appointment as Deputy Chief Executive Officer - Support Group, Khot, who joined the Group in 2007, was the Ithmaar Bank Chief Operating Officer since September 2013. He has more than 31 years of banking and finance experience and has held other senior positions at Ithmaar Bank, including Chief Financial Officer. Khot is a Fellow Chartered Accountant (FCA), the Institute of Chartered Accountants of India, and holds a Bachelor of Commerce, (Financial Accounting) from the University of Mumbai, India.
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